10/28/2016 – S&P Emini

December S&P:

1. In today’s (Friday, October 28) 8:59 CST post it was noted that the December S&P (then trading at approximately $2127) was expected to advance to $2132/$34 and with hourly closes below $2134 would decline back to $2127.

2. Subsequently, the December S&P advanced to $2134 (swing high, $2135.25) and failed at that level and reverse lower to complete the $2127 downside target (and substantially lower). This completes the forecast/trade. Will message any further entry or indication in the December S&P.

David Williams

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.